Need Support with IFRS 18?
Every organization is at a different stage of its IFRS 18 journey.
Complete the form to tell us what you're looking for. Whether you're interested in training, practical guidance, speaking with one of our specialists, or staying informed about upcoming events and publications, we'll connect you with the right expert.
By submitting this form, you can:
✅ Get personalized guidance
✅ Request training information
✅ Explore the Readiness Check
✅ Connect with an IFRS specialist
✅ Stay informed on IFRS 18 updates
One of our IFRS specialists will contact you to discuss the most suitable next step for your organization.
Why IFRS 18 Matters
New Statement of Profit or Loss
A redesigned statement of profit or loss introduces a more consistent structure, making financial performance easier to understand and compare.
Mandatory Operating Profit & New Categories
IFRS 18 introduces a mandatory operating profit subtotal and new operating, investing, and financing categories to improve consistency across financial statements.
Management-defined Performance Measures (MPMs)
Organizations must provide additional disclosures and reconciliations for Management-defined Performance Measures (MPMs) used in public communications.
IFRS 18 Masterclass
IFRS 18 will fundamentally change how organizations present and disclose financial information. Effective for annual reporting periods beginning on or after 1 January 2027, the new standard introduces significant changes to the statement of profit or loss, aggregation and disaggregation principles, and Management-defined Performance Measures (MPMs). Comparative information will also need to be restated under the new requirements.
Join Grant Thornton's IFRS specialists at one of our upcoming masterclasses in Aruba, Curaçao, Sint Maarten, or Suriname. This practical, interactive session is designed to help finance professionals understand the impact of IFRS 18, explore the key changes, and prepare their organizations for a successful transition.
Join Our IFRS 18 Masterclass
- Event
- Upcoming
Free IFRS 18 Publications
Continue your IFRS 18 preparation with our practical publications.
Download three complimentary resources covering the latest reporting requirements and implementation guidance.
You will receive:
✅ Get Ready for IFRS 18
✅ Example financial statements
✅ IFRS Example Consolidated Financial Statements 2025 – Appendix E
Chantal Loefstop
Niels Luiten
FAQ
IFRS 18 Presentation and Disclosure in Financial Statements is a new accounting standard issued by the International Accounting Standards Board (IASB). It replaces IAS 1 and introduces new presentation, disclosure, and reporting requirements to improve the consistency and comparability of financial statements.
Although IFRS 18 becomes effective for annual reporting periods beginning on or after 1 January 2027, implementation may require changes to financial reporting processes, systems, internal controls, and performance reporting. Preparing early helps ensure a smooth transition.
The Readiness Check provides a high-level assessment of your organization's preparedness for IFRS 18. It identifies key areas that may require attention, highlights potential implementation challenges, and provides practical recommendations to help you plan your transition.
he duration depends on the size and complexity of your organization. In most cases, the assessment can be completed within a few weeks, followed by a discussion of the findings and recommended next steps.
Yes. All information shared with Grant Thornton during the assessment is treated as strictly confidential and handled in accordance with our professional and ethical standards.
After the Readiness Check, you will receive a summary of the findings, identified focus areas, and practical recommendations. Our specialists can also discuss next steps and provide additional support where needed.
IFRS 18 is effective for annual reporting periods beginning on or after 1 January 2027. Earlier application is permitted, provided it is disclosed.
You will receive three complimentary publications designed to help you understand and prepare for IFRS 18, including an overview of the standard, practical implementation guidance, and illustrative financial statement examples.
The training is designed for CFOs, Finance Directors, Controllers, Finance Managers, Financial Reporting Teams, Accountants, Auditors, and other professionals responsible for preparing or reviewing IFRS financial statements.
Yes. Grant Thornton offers tailored support, including IFRS 18 Readiness Checks, impact assessments, implementation guidance, workshops, customized in-house training, and ongoing technical advice to help organizations prepare for the new standard.